Panola County Trustee Deed for Sale of Foreclosed Property Form

Panola County Trustee Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.

Panola County Trustee Deed Guide
Line by line guide explaining every blank on the form.

Panola County Completed Example of the Trustee Deed Document
Example of a properly completed form for reference.
All 3 documents above included • One-time purchase • No recurring fees
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Additional Mississippi and Panola County documents included at no extra charge:
Where to Record Your Documents
Chancery Court - First Judicial District
Sardis, Mississippi 38666
Hours: Call for hours
Phone: (662) 487-2070
Chancery Court - Second Judicial District
Batesville, Mississippi 38606
Hours: Call for hours
Phone: (662) 563-6205
Recording Tips for Panola County:
- Documents must be on 8.5 x 11 inch white paper
- Check that your notary's commission hasn't expired
- White-out or correction fluid may cause rejection
Cities and Jurisdictions in Panola County
Properties in any of these areas use Panola County forms:
- Batesville
- Como
- Courtland
- Crenshaw
- Pope
- Sarah
- Sardis
Hours, fees, requirements, and more for Panola County
How do I get my forms?
Forms are available for immediate download after payment. The Panola County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Panola County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Panola County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Panola County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Panola County?
Recording fees in Panola County vary. Contact the recorder's office at (662) 487-2070 for current fees.
Questions answered? Let's get started!
The trustee's deed is used to convey real property after foreclosure and sale under a deed of trust. It takes its name from the executing party rather than from the type of warranty the deed contains. After conducting a trustee's sale at public auction, the trustee uses the deed to vest title to the property in the name of the highest bidder.
A deed of trust (alternately called a trust deed or a deed in trust) is a variation of a mortgage whereby a trustee holds legal title to property as security for the repayment of a loan. The borrower, called the trustor or grantor, executes the deed of trust to the trustee for the benefit of the lender, called the beneficiary. The trustee is generally an agent of the beneficiary.
Upon fulfillment of the terms of the deed of trust, the trustee revests the legal title in the name of the borrower (Miss. Code Ann. 89-1-49(1)). If the borrower breaches the conditions of the deed of trust, the beneficiary can instruct the trustee to initiate foreclosure proceedings. In Mississippi, "any deed of trust...may confer on the trustee...the power of sale"; this power must be conferred upon the trustee in the deed of trust in order for him/her to act upon it (Miss. Code Ann. 89-1-63(2)).
Before the trustee can conduct a trustee's sale at public auction, preliminary requirements must be fulfilled under Mississippi law, including the publication of notice of sale in a local newspaper and posting of notice of sale at the county courthouse in the county where the subject property is located (Miss. Code Ann. 89-1-55). The deed then recites that the requirements for the posting of notice of sale under Miss. Code Ann. 89-1-55 have been met with proof of publication sometimes attached as an exhibit to the document.
Upon conclusion of the public auction, the trustee executes a trustee's deed to the highest and best bidder. The trustee conveys only such title as is vested in him/her as trustee under the deed of trust. The form's granting language contains implied covenants of seisin, against encumbrances (except for those named in the deed), and quiet enjoyment (Miss. Code Ann. 89-1-41).
Besides meeting the requirements of form and content for documents affecting real property in Mississippi, the trustee's deed requires the names of all parties to the deed of trust under which the property is being sold, as well as a reference to its place of recording (Miss. Code Ann. 89-1-53). If the trustee conducting the sale and executing the trustee's deed is a substitute trustee, the trustee's deed also requires a reference to the deed of substitution (same statute).
As with all conveyances in Mississippi, the deed requires a legal description of the property as well as indexing instructions. It should recite the name, address, telephone number, and bar number, if applicable, of the person who prepared the document. The trustee's signature must be witnessed in the presence of a notary public before submission for recording in the Office of the Chancery Clerk in the county in which the real property is located.
Consult a lawyer with any questions regarding trustee's deeds in Mississippi, as each situation is unique.
(Mississippi DFS Package includes form, guidelines, and completed example)
Important: Your property must be located in Panola County to use these forms. Documents should be recorded at the office below.
This Trustee Deed for Sale of Foreclosed Property meets all recording requirements specific to Panola County.
Our Promise
The documents you receive here will meet, or exceed, the Panola County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Panola County Trustee Deed for Sale of Foreclosed Property form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
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June 11th, 2021
The Lady Bird Deed appears to be fine with me as are the instructions. However, there apparently are no specific laws in Texas addressing them other than they are OK. The problem is that lenders are surely going to use them as triggers for their due on sale clauses, especially as the current small mortgage rates begin to increase. The solution to that seems to be to sign and have them notarized, but not to record them unless the holder needs to enforce the provisions. It seems to me that you should consider your solution to that problem in your instructions.
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This is a very useful site for downloading legal forms - just be sure you're getting the form you need before buying. Unfortunately I selected the wrong form initially and had to buy a 2nd form to correct my error. I saw no way of communicating my error at that point - i.e., loss of one star.
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